Crypto Escrow, Technology, Non-Warrantable Condo Products; Investor Updates, Mergers and Employment News
Julie C. writes, “Did you know that every “c” in “Pacific Ocean” is pronounced differently?” As I head to Northern California, which borders the Pacific, this morning, I recalled this thought: “Sometimes you meet someone and you know from the first moment that you want to spend your whole life without them.” I am sure that people don’t feel that way about loanDepot’s Anthony Hsieh, although the LD board of directors is wary. Recall that Anthony was forced out of his position as Executive Chairman a month ago, but given that he’s the founder of the company, and still a large stockholder, he has sway and was in the news this week about “shaking up” LD’s board. (More loanDepot and other wholesaler news below… remember Impac Funding?) (Today’s podcast can be found here and this week is sponsored by SimpleNexus, an nCino company and homeownership platform that unites the people, systems, and stages of the mortgage process into one seamless, end-to-end solution that spans engagement, origina
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